Red Bank city: Homeownership Rate Trend
How Red Bank city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
53.1%
2023
58.7%
Total change
+5.6 pp
% change
+10.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 53.1% | — |
| 2019 | 53.3% | +0.2 pp (0.4%) |
| 2020 | 55.0% | +1.7 pp (3.2%) |
| 2021 | 55.1% | +0.1 pp (0.2%) |
| 2022 | 56.7% | +1.6 pp (2.9%) |
| 2023 | 58.7% | +2.0 pp (3.5%) |